GRMNNEUTRAL

GRMN Debt-to-Equity Ratio Analysis

0.02x

Updated 2064h ago·SEC filings & market data

Key Takeaway

The Debt-to-Equity Ratio measures how much a company relies on debt versus shareholder money to fund operations.

Sector Performance

9th percentile

GRMN

0.02x

Sector Median

0.73x

Sector Avg

0.13x

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Deep Analysis

The Debt-to-Equity Ratio measures how much a company relies on debt versus shareholder money to fund operations.

GRMN’s current ratio of 0.02x is extremely low, indicating minimal debt use. It sits well below the sector median of 0.75x, placing in the 10th percentile among peers, meaning most competitors carry far more debt. Year-over-year and quarter-over-quarter changes are not available, so a trend cannot be assessed. With such a low level and no trend data, the risk from debt is negligible, but the lack of leverage may also suggest a conservative approach that limits potential growth. This metric supports the overall NEUTRAL verdict by showing a very low debt risk, but without a trend or context on growth, it does not justify a bullish or bearish stance.

Frequently Asked Questions

What does the Debt-to-Equity Ratio tell investors about GRMN?

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

How is the Debt-to-Equity Ratio calculated?

Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.

Who are GRMN's closest peers by Debt-to-Equity Ratio?

The closest peers by Debt-to-Equity Ratio include: FICO (-1.73x), SBUX (-1.78x), HLT (-2.09x), MSCI (-2.31x), ETSY (-2.62x).

The Formula

Total Debt / Shareholders' Equity

Why It Matters

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

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GRMN

0.02x

Sector Median

0.73x

Sector Avg

0.13x

How GRMN's Debt-to-Equity Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.